TOKYO - Like loans, whisky and other fine spirits take time to mature. Japanese lenders are tapping into this common feature to extend distillers financing.
One approach even fuses the centuries-old art of sake brewing with blockchain technology to create non-fungible tokens that allow brewers to access cash that typically would not be available until after years of maturing in a warehouse. ...continue reading
Typhoon No. 24 (Krovahn) was moving south near Okinawa's main island as of 9 p.m. on September 5, bringing extremely heavy rain exceeding 50 millimeters per hour in some areas north of the storm's center, which the Japan Meteorological Agency estimated to be over waters about 100 kilometers southeast of Naha with a central atmospheric pressure of 992 hectopascals.
Tokyo has unveiled the design for a major redevelopment of the plaza outside Shinjuku Station's west exit, with a landmark tree, water-play area and event space planned as part of a transformation centered on "greenery, light and people" that is scheduled for completion in 2035.
A late former professor at Asahikawa Medical University has won the Ig Nobel Prize in Medicine for scientifically examining the proper way to blow the nose, extending Japan's streak of Ig Nobel winners to 20 consecutive years.
Night trains are making a comeback across Japan, with railway operators introducing new overnight services and even experimenting with overnight Shinkansen trains as demand grows for alternatives that combine transportation, accommodation and the experience of traveling through the night.
Bear sightings and attacks have been reported across Japan throughout the summer, with animals damaging sheds, attacking livestock and injuring people, while experts warn that autumn is the most dangerous season as bears expand their range in search of food.
Applications for hotel business licenses are rising sharply in Osaka as property owners seek an alternative way to operate short-term rentals following the suspension of new applications under the city's special-zone minpaku program, with the approach drawing growing interest from wealthy Chinese and other overseas investors.
Asahi Kasei has grown from its roots in Nobeoka, Miyazaki Prefecture, into a global conglomerate with annual sales exceeding 3 trillion yen by repeatedly developing products and technologies that dominate their markets or occupy niches with few direct rivals.
The WoW Auction House can look chaotic when you first start using it. Hundreds of listings may appear for the same item, prices can differ dramatically, and a deal that looks excellent at first glance may not be a deal at all.
Tokyo stocks rebounded on September 4, with the Nikkei 225 closing at 65,020.94, up 806.46 points, or 1.26%, as buying returned to artificial intelligence and semiconductor-related shares after a Wall Street rally, while investors waited for U.S. jobs data and watched the yen, oil prices and Bank of Japan rate-hike expectations.
Household spending in Japan fell for an eighth consecutive month in July as consumers continued to economize on everyday purchases such as food and beverages while increasing spending on dining out, accommodation and in-game purchases.
Japan's rice market is facing a growing surplus as large volumes of last year's crop remain unsold just as another strong harvest begins reaching the market, forcing retailers to slash prices below cost and leaving farmers warning that losses could make it impossible to continue farming.
Five oil distributors, including Higashinihon Usami and ENEOS Wing, admitted charges of violating Japan's Antimonopoly Act by forming a cartel to coordinate diesel fuel prices at their first trial at the Tokyo District Court on September 3.
FamilyMart has unveiled a new hybrid checkout system that can operate as either a self-service or staffed register, aiming to reduce checkout-related work by about 20% as labor shortages affect roughly 30% of its franchise stores.
